The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Guildford: Charles Russell Speechlys advises healthcare acquisition

14 February 2019
Share
Deals-default

Charles Russell Speechlys in Guildford has advised the shareholders of Gerald Simonds Healthcare on their sale to Borrum Healthcare Group.

The acquisition of Gerald Simonds Healthcare, which employs 35 people, enables Borrum Healthcare Group to enter the growing Elderly and Disabled Assistive Technology Market, which is estimated to exceed $26 billion by 2024.

Gerald Simonds Healthcare was founded in 1983 and is highly respected in the assistive technology sector, best known as a successful importer and distributor of high end custom-built manual wheelchairs and wheelchair seating systems.

Borrum will now focus its resources on growing Gerald Simonds’ existing business by increasing geographical coverage and expanding into new and complementary product areas.

Charles Russell Speechlys’ deal team was led by corporate senior associate Rebecca Burford and included Matthew Carter (corporate), Becky Lawton (employment), Brett Rawlings (tax) and Will Harwood (property).

Gerald Simonds, founder of Gerald Simonds Healthcare, commented: “Charles Russell Speechlys, and in particular Rebecca Burford, came highly recommended by our corporate finance adviser, Beer Mergers. I have to say the service we, the shareholders, have received has been truly outstanding.”

Burford added: “It was a pleasure to assist the sellers of Gerald Simonds Healthcare on this transaction. The deal further adds to our corporate team’s experience in the retail and healthcare sectors.”

www.charlesrussellspeechlys.com


Related topics

Related articles

Upcoming events

view more
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
12
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info

Related articles